Definition of 'arbitration'

Word Frequency

arbitration

(ɑːʳbɪtreɪʃən )

uncountable noun [oft NOUN noun]

Arbitration is the judging of a dispute between people or groups by someone who is not involved.

...the independent arbitration service, ACAS.

The matter is likely to go to arbitration.

Synonyms: decision, settlement, judgment, determination More Synonyms of arbitration

Video: pronunciation of 'arbitration'

Word Frequency

arbitration in British

(ˌɑːbɪˈtreɪʃən )

noun

1. law

the hearing and determination of a dispute, esp an industrial dispute, by an impartial referee selected or agreed upon by the parties concerned

2. international law

the procedure laid down for the settlement of international disputes

Word Frequency

arbitration in American

(ˌɑrbəˈtreɪʃən )

noun

the act of arbitrating; specif., the settlement of a dispute by a person or persons chosen to hear both sides and come to a decision

Derived forms

arbitrational (ˌarbiˈtrational)

adjective

Word Frequency

arbitration in Finance

(ɑrbɪtreɪʃən)

noun

(Finance: General)

Arbitration is a process for settling a dispute by agreeing to let an impartial third party make a decision, outside of the legal court system.

Many brokers refuse to do business with investors who decline to sign statements agreeing to settle disputes only through arbitration, and not in court.

Usually, when you open a brokerage account, you sign an agreement to use arbitration to resolve any possible future disputes.

Arbitration is a process for settling a dispute by agreeing to let an impartial third party make a decision, outside of the legal court system.

Example sentences containing 'arbitration'

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His solution is inexpensive independent arbitration. Times, Sunday Times (2016)That offer was in line with the index recommended by the independent police arbitration tribunal last year. Times, Sunday Times (2008)Should we take this matter to arbitration? Times, Sunday Times (2008)Many cases are settled by arbitration before they reach the courts. Times, Sunday Times (2013)London is already a centre for international commercial arbitration. Times, Sunday Times (2008)She takes on an arbitration dispute with its large powerful neighbour. Times, Sunday Times (2016)At present they enter arbitration procedures without any idea of how much they might have to pay. Times, Sunday Times (2016)The case was heard by an arbitration panel in the summer. Times, Sunday Times (2009)An arbitration panel will give the final verdict. Times, Sunday Times (2007)Trading and commercial concerns use international arbitration because they prefer this method of dispute resolution to going to national courts. Times, Sunday Times (2016)It is not a voluntary scheme because of the threat of exemplary damages for failure to use a recognised arbitration service. Times, Sunday Times (2013)You can appeal, but there is no independent arbitration process. Times, Sunday Times (2010)Some of the largest employers will not agree to independent arbitration, certainly in the public sector. Times, Sunday Times (2012)When the company offered to submit the dispute to arbitration, the union refused. A Conceptual View of Human Resource Management: Strategic Objectives, Environments, FunctionsThe negotiation was referred to arbitration and a tribunal recommended 2.5 per cent. Times, Sunday Times (2007)In return, their wages are set by independent arbitration. The Sun (2008)It can also appear both in the Singapore courts and in domestic and international arbitration. Times, Sunday Times (2011)Agency, but he can appeal to an arbitration panel. Times, Sunday Times (2006)First Quantum insists it is the rightful owner and it has already taken the matter to international arbitration. Times, Sunday Times (2010)The failure of the two sides to resolve their differences this weekend makes it more likely that a London arbitration tribunal will determine the outcome. Times, Sunday Times (2011)Under the plan, an arbitration service for compensation claims would be established as a voluntary pilot scheme and reviewed by publishers after about a year. Times, Sunday Times (2013)Under the cross-party charter, an arbitration service would be compulsory and permanent. Times, Sunday Times (2013)If the Government was only willing to seek arbitration, this dispute could be resolved. The Sun (2010)The sprinter is training in Jamaica as he awaits the outcome of the arbitration hearing that could overturn his lifetime Olympic ban. Times, Sunday Times (2012)If the clubs can prove that a challenge is justifiable, the FA has an arbitration procedure. Times, Sunday Times (2007)